This paper is focused on potential GDP and output gap estimation in Romania using a univariate method – HP filter and a multivariate method – production function method that are applied on annual time series covering years 1990-2008. The production function we use is Cobb-Douglas with...

Competition policy works well when markets are given time to evolve and drive improved efficiency; but this takes time. However, under current turbulent times, the short-run survival actions may be insistently sought by policy-makers under the pressure of trade unions and the exit of failing...

Romanian Abstract: Cea de a patra revoluție industrială, caracterizată prin proliferareaenergiilor verzi, prin impactul deosebit al Internetului, extinderea robotizării,biotehnologiilor, nanotehnologiei, microeletronicii, materialelor avansate, prin apariția șiextinderea rapidă a...

The Financial and economic crisis has brought to the fore the issues of unemployment, which is a constant concern of the EU. The study analyzes the European Employment Strategy, which aims to create a common framework for action based on the agreement of the Member States relating in order to a...

In this article it is investigated the subject of real convergence of Central and Eastern European countries on the basis of some theories and models used in the analysis of this process, also the effects of recent crisis upon convergence, the latest results of real convergence and the...